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Search Results 0 to 49 of about 64 (some duplicates have been removed)
to pay taxes, we should not be using taxes to reward people who fail. we should be using them to reward people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighter
institute for a discussion on the scheduled tax increases the percent to hit in january, including the end of the bush era taxes, payroll tax holiday hikes and invested in come also. a new tax policies and to report says nothing is done. average marginal tax rates would go up by five percentage points on labor income, seven points on capital gains and more than 20 points on dividends. along with more than a trillion dollars in budget cuts. also starting january or known as the fiscal cliff. it should get under way in just a moment. [inaudible conversations] >> good afternoon, and welcome to the urban institute's first tuesday. my name is howard gleckman of the tax center blocks and we are here to discuss taxes in the fiscal cliff. as you all know, washington lives everything that happens here is the biggest or the worst were the most important. how many times for instance have you been told some politician is about to give the speech of his life until he gives the next speech. the tax armageddon has the potential to actually be a watershed in the fiscal policy. true it could be another opp
they don't have enough time to explain how they will change your tax deductions, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first presidential debate. >> both candidates cramming for the first debate. >> everyone trying to lower expectations. >> franticly spinning to lower expectations. >> president obama is an experienced debatetor. >> i'm just okay. >> almost everyone seems to be muting enthusiasm in trying to undersell thvernlths is mitt's first time. >> i don't buy that. >> chris christie is taking a different tack. >> we have a candidate who is going to do extraordinary well on wednesday night. come thursday morning when we get to thursday morning, the entire narrative of
to a failed economic theory, of tax cuts for the rich. the notion that let's go to war with "sesame street" but give wall street a big wet kiss, that's exactly what got us into this mess. that's what we've spent four years digging out. >> that's really not what they saw. i get the interpretation you've got a campaign to win. but what they saw was one guy who seemed to be somebody they had never seen before. he shattered the fiction of the advertising he was the guy brimming with new ideas and energy. they saw the president of the united states who was sleepwalking the whole time. >> i don't disagree -- >> the tired contrast rang a bell with people. romney's got ideas and the president, there's no vision for a second term. >> mike, i don't doubt this was somebody they never seen before. quite frankly, i think there were people in the romney campaign that had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 billion tax cut. he said i don't have time. mitt romney said, we don't do math. you cannot wish away the existence of your entire campaign platform
economic theory of tax cuts for the very rich, despite the fact that he denied the existence of tax cuts or the existence of math. the notion that let's go to war on wall street -- go to war with "sesame street" but give wall street a big wet kiss. that's exactly what got us into this mess. >> that's not what they saw. i get the interpretation. you have a campaign to win. but what they saw was one guy who seemed to be someone they'd never seen before. he shattered the fiction of the advertising. he was a guy brimming with new ideas and energy. and they saw the president of the united states sleep walking. >> mike, i don't think -- >> let me finish. the tired contrast rang a bell. romney has ideas, and the president has no vision for his second term. and i think that's what hurt him. >> mike, i don't doubt this was someone they had never seen before. i think there were people in the romney campaign who had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 trillion tax cut. and he said i don't have time. mitt romney said we just don't do math. like mat
actually, it is a bit more than that. but we do not need is a tax increase that will cost us 700,000 jobs. two years ago, the president said you do not want to raise taxes in a bad economy. the economy was better than that it is now. ladies and gentleman, this is a big choice. it is not only about taxes. it is about freedom. it is about our principles. it is about our country. it is about the idea of our country. america is so much more than a country with a flag. it is an idea. these ideas make us who we are. they make us special. i will see something that in washington is considered out of date or wrong, and it is this -- america is an exceptional nation. we are not afraid to say so. [cheers and applause] >> usa! usa! usa! >> we have a chance to get ourselves on the right track. we have a chance to vote for someone who will protect our freedoms. he will lead to protect our religious freedom. he will protect our second amendment rights. ladies and gentlemen, right here in virginia, we have a big choice to make. america has a big choice to make. america will make the right choice
clear to people that all these falsehoods coming out of the obama campaign about our tax policy about our medicare reform and all that are just that. >> reporter: romney will be working in pre-debate campaigning as he arrives. every day counts. wolf? >> president obama is spending the next couple of days in henderson, nevada, gearing up for wednesday's debate. our white house correspondent dan lothian is over at the white house. he getting new information. what's the latest on his xaeb preparation, dan? >> reporter: campaign official telling me that the president began those practices last might after arriving in defense nevada and continued these rehearsals this morning in nevada as well. taking only a break this afternoon. one of the things that they are really working on is trying to get the president to be more concise and in his answers. you know, sometime it is president can be long winded and the campaign has admitted this and it is not the most effective way to deliver your message. so they are trying to get the president to answer these questions with very few words. he has a
debate. we're going to do that here, but i do want to begin with talking taxes. yes. taxes. did you hear paul ryan, if i heard this correctly, if i heard paul ryan correctly, he said he cannot explain mitt romney's tax policy, at least not the whole thing because, well, it would take too long. we'll play some of that sound for you in a moment. romney and ryan, they are clear about this. that they would cut everyone's tax rate 20%. cut and dry, 20% rate cut. but, to protect the government's revenue stream, they would have to kill certain deductions and certain loopholes, but they won't be specific, won't say which ones those would be. here is congressman ryan, he starts by trumpeting the tax rate cut. >> lowering tax rates by broadening the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would ta me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. he
. mitt romney is yet to be specific about his plans, his tax plans, his plans for entitlements. and so this is an opportunity for him to be specific. >> i was sort of surprised that governor, new jersey governor chris christie apparently didn't get the memo about downplaying expectations. i know the democrats are doing it furiously. the president himself doing it furiously. >> right. >> the republicans have been doing it furiously. here's what chris christie said over the weekend. >> well, listen, he's had a tough couple of weeks, let's be honest. i mean i'm not going to sit here and come on this morning and sugarcoat the last couple of weeks. they've been tough. but here's the great news for republicans. we have a candidate who is going to do extraordinarily well on wednesday night. he's going to contrast what his view is, and what the president's record is. the president's view for the future. and this whole race is going to be turned upside down come thursday morning. wednesday night's the restart of this campaign. i think you're going to see those numbers start to move right back i
than an hour and a half, a forum on possible tax increases caused by the so- called fiscal cliff after the first of the year. later, the senate debate in the jersey. on washington journal tomorrow morning, we will be joined by ann coulter. we will talk about politics with katrina vanden heuvel, editor of "the nation." washington journal is live everyday at 7:00 eastern. >> americans are not the only people to have a september 11 in their national story. in santiago, chile there was a september 11 even that had a dramatic impact on chilean history and memory. military officers on that day had a full-scale assault on their country. it took over radio stations, police stations, and other centers of power. they stormed the presidential palace, charged through guns blazing. when they were done, the president of chile were dead. a these events led by an army general named agusto. -- augusto pinochet. what most chileans did not know at what many americans still do not know was that the coup of september 11, 1973 was the work of intelligence operatives -- american intelligence operatives that
economic theory of tax cuts for the rich, despite the fact he deny attend tax cuts, and the math. and let's go to war with sesame street but give wall street a big, wet, kiss, that is call what got us into this mess, we spent four years digging out of it. >>> meanwhile, gingrich saying the numbers were good for the president, but the overall picture is still gloomy. >> i think it was a significant help to the president. imagine coming out at 8.2 following the debate, i mean people would have entered the week saying it is close to the end. so it is part of the whole process, the campaign will go down to the end. it will be one of the most interesting campaigns in american history, i think you will see it go back and forth somewhat. on friday, the imf said probably no recovery until 2018. >> more reaction from them on the president's debate in just a moment. but first, here is the gallop daily tracking poll, mitt romney closing the gap on president obama, who still leads by three points, 49-46, and taking to the tv air waves, the romney camp claiming the president's plan will increase taxes
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
and on the state exchanges, that the congress forced the state to raise taxes and tell them how to pend it the supreme court weighed in on that. the statute is 2700 pages long and there are many other challenges in the court system to other parts of the statu. there are 45 plaintiffs all religious organizations many of them catholic and arch dose dose of new york challenged the so-called employer man date. the employer man date requires employers to buy health insurance that makes services available that violate the employer's values like birth control and abortion and euthaniasia. this would apply to universities and students. can yesterday the supreme court recognized one of the employer mandate challenges made its way to the federal appellate court and the appeals court said we don't want to hear supreme court said we are about to tell the appeals court to hear this. so it can make its way to us. the supreme court will rule on this next year rather than three or four years from now. >> gretchen: what is the messaging from the supreme court that they would tell a court below to rule o
week with payroll tax. for a baby boomer that's about $60,000 before they retire. for millenniums, it's going to be even worse. these are real costs at the kitchen table. and obviously as newt gri noted, romney's plan is daz 5 trillion tax plan. it is heavily weighted towards the top. i think voters are smarter than mitt romney thinks and i think they're going to want to know the real facts. >> let's talk about virginia specifically here. this is a state where, where the race is extremely tight right now. the latest nbc news/"wall street journal," marist college poll showing 48% of likely voters supporting the president, 46% supporting governor romney. that's a virtual tie there. you can also see that governor romney gained two points from september. the president lost one. you are an expert of sorts on virginia politics. what does the president have to do to regain momentum in the commonwealth? >> well, i think he's got to keep focusing on what this means at the kitchen table in virginia. his plan is good for the middle class, romney raises taxes on the middle class. for current seni
, being a tax cheat, swiss bank accounts, all that kind of stuff, can be rebutted. >> sean: what obama will say -- thus this will be mostly on the economy. obama will say, it's getting better. that was the recovery summer of 2010. >> but romney -- there were a whole lot of people right now who want to vote for romney. want to vote against obama. but they don't want to vote for romney because of all the negatives obama's piled on them which has not been answered. they're sitting on one side waiting for permission to jump over and vote for romney. in the debate, that he's not a monster, that he's a man of integrity and defending himself on this stuff, can absolutely encourage them to jump over and make it possible for them to do that. >> sean: what a joke all weekend, watching the obama people trying to lower expectations. >> yeah, right. >> sean: 2-1. >> let's par remember that most debates work in favor of the challenger. the challenger walks on and does a good job, like reagan did against carter, all the fears of him go away. carter against gerald ford in 1976. mondale against reagan
mate paul ryan would raise taxes on the middle class. >> how they can justify raising taxes on the middle class has been buried the last four years. >> of course the middle class has been buried. they're being bear rayed by regulations, by taxes, by borrowing. they're being buried by the obama administration's economic failures. >> vice president biden later tried to clarify his comments by saying the middle class was b e buried by policies mitt romney and paul ryan supported. you came watch the debate right here on nbc 4. live team coverage begins at 9:00 tonight. and that brings us to our poll question this morning. will you watch tonight's debate? let us know by taking the poll on the news 4 today facebook page. >>> this morning police are investigating a deadly stabbing. investigators say the man was stabbed afternoround 8:00 at 30 street and naylor road. the victim died. police shut down part of naylor road for a few hours to search for clues. investigators say they're looking for multiple suspects. police have not released a motive. >>> and parents in fairfax county a
supports actually does. more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? say. potomac, maryland man jailed in cuba since 2009 may have cancer. alan gross was convicted of spying after distributing internet equipment to the jewish community and was sentenced to 15 years in prison. his wife says he's lost more than 100 pounds and has a growth on his right shoulder. cue bone doctors say the tumor is benign, but -- cuban doctors say the tumor is benign, but his family doctors say they can't rule it out and it needs to be treated. >>> we are less than 24 hours away from the first presidential debate between president obama and former massachusetts governor mitt romney. both campaigns are playing down expectations. they also say the debates could be a turning point in the election. fox 5's tom fitzgerald has more. >> rep
, which is, look, the president's approach is tractive to people who are not paying taxes. because frankly, my discussion about lowering taxes isn't as attractive to them and, therefore, i'm not likely to draw them into my campaign as effectively as those who are in the id million. >> so he said it was a message he was going to continue to carry. but now this. in a tv interview last night, romney did a complete about-face, saying the statement was completely wrong. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. in this case i said something that is completely wrong. and i absolutely believe, however, that my life has shown that i care about 100%. and that's been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >> pretty interesting, though. after he said it he said it was inelegant but it's what he meant and now he's saying it's completely wrong. you can really see an evolution there as t
is this all comes back to jobs. if we don't have people working and paying taxes, you can't fund the entitlement programs. if we f we reform them, you can't fund them if people aren't getting back to work. under governor rick scott, over 150,000 jobs created in the state of florida. >> let me address that. >> go ahead. >> i just want to address the medicare question, because it is critically important to florida. we have the largest number of medicare recipients in the country. the romney/ryan plan wants to change medicare as we know it. they want to create a voucher program. that's not what floridians want. and i think that is what we're seeing out there every day when we're out there talking to folks. they don't want what romney is trying to sell them on medicare. >> scott, quickly, one more question. how do you think president obama can court the moderate vote in florida? >> well, the president has been courting the moderate vote in florida for four years, frankly. he has been talking to folks about growing the middle class, about tax cuts for middle class, about really expand
election. >> romney paid 14% in taxes last year on 13 million in income. >> obama wages war on coal. >> they blow everything out of proportion. >> reporter: in colorado alone, $47 million in five months have been spent by the romney and obama campaign. come november people here can tell the rest of the nation how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: amendment 65 is on the ballot. if passed the state's congressional delegation would be required to propose an amendment to the u.s. constitution limiting campaign contributions and spending. this is the executive director of colorado common cause. >> the result is a democracy that distorts the voice of ordinary people in favor of those who can write multimillion dollar expects. >> reporter: millionaires would argue they have the right to free speech as well. >> free spech protects what we say but it shouldn't be that we can scream louder than others. >> reporter: the 2010 ruling said restriction on contributions was restriction on free speech. a statement provided to cbs news warns wh
to nominate a new treasury secretary to replace timothy geithner with a mix of spending cuts and tax increases looming obama would likely pass someone with negotiating experience probably someone within as well. according to the wall street journal the two persons mentioned are white house chief of staff clinton blue anderson bowls. glen hubbard from the columbia schools. >> airlines making changes hair. over the past five years the airline cut smaller fees and flights shorter than 500 miles. that's kierd to go a new study by the office of inspector general of the department of transportation. another money saving strategy for the airlines and you are definitely familiar with this one. packing more passengers into bigger planes. is there any consolation for fliers out there? according to the study your flight has a greater chance of being on time and not being kept. >> that's good news. >> homeowner's insurance. you have new information for us. >> we are more satisfied than ever when it comes to homeowner's insurance. they like to bundle their auto and homeowner's policies. according to a jd p
will approve a bill that would allow the council to spend tax dollars without congressional approval. yesterday, all 11 council members agreed to the bill for the long desired budget autonomy. congress ultimately has the final say in this. the bill would keep federal budget issues separate local government. >>> coming up, an unsettling problem for american airlines, the seats coming loose during flights. the airline says it now knows why. >> a hair-raising journey for one poodle. a wild ride that must have been sheer terror. we're checking more headlines when we come back. alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ too bad the guys aren't here we're clear. ok, swarm! swarm! hello [ female announcer ] pillsbury chocolate chip cookies. let the making begin >>> a major victory for democrats where the gouge months blocked the state of pennsylvania's new voter i. d. law from going into effect on election day. democrats say it was aploy to key feet president
that with even bigger... tax cuts for the wealthy, and fewer regulations... on wall street, all of us will prosper. in other words, he'd double down on the same trickle-down... policies that led to the crisis in the first place. so what's my plan? first,e creae te a million new manufacturing jobs... and he businesses double their exports... give tax breaks to companies that... invest in america, not that ship jobs overseas. second, we cut our oil imports in half and produce more... american-made energy. oil, clean coal, natural gas... and new resources like wind,so solar, and biofuels. all while doubling the fuel efficiency of cars and trucks. third, we ensure that we maintain the best workforce... in the world by preparing a hundred thousand additional... math and science teachers; training two million... americans with the job skills they need at our community... colleges; cutting the growth of tuition in half and... expanding student aid so more americans can afford it.t. fourth, a balanced plan to reduce our deficit by... four trillion dollars over the next deca
the world there is a struggle for fairness. the united nations once again proposing a global tax on billionaires. 1% of their wealth would be given to the u.n. to disperse throughout the third world. it's not going to happen but that's what many want to see. wealthy people being forced f. to give up assets to the controlling power. the problem with that is the that controlling power is often corrupt, inept or apathetic. does anyone believe the u.n. spends money responsibly? anyone? buehrle? how about the u.s.a.? the more money washington gets the more it wastes. why? because we don't have enough federal workers to police the entitlements hundreds of billions of dollars are wasted or stolen. we all remember this guy in the bathtub, jeff neeley partying in vegas his crew ran up $825,000 in expenses for nothing. they just wanted to live large on the taxpayer dime. how about the drug enforcement agency? few years ago it sent 368 people to istanbul for a conference. price tag $1.2 million. more than a thousand dollars aday for each american at the event. i could sit here all night and
when asked about mitt romney's tax plan. you will have to hear this, coming up. how do you get from here... let's say you want to get ahead in your career. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. ♪ ♪ ♪ [ male announcer ] introducing a reason...to look twice. introducing a stunning work of technology -- the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. and the first-ever es hybrid. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. as part of a heart heal
battleground states compared to $515 million for the entire 2008 election. >> romney paid 14% in taxes last year on 13 million in income. >> obama wages war on coal. >> they blow everything out of proportion. >> reporter: in colorado alone, $47 million in five months have been spent by the romney and obama campaigns. and the groups that support them. come november people here can tell the rest of the nation how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: amendment 65 is on the ballot. if passed the state's congressional delegation would be required to propose an amendment to the u.s. constitution limiting campaign contributions and spending. this is the executive director of colorado common cause. >> the result is a democracy that distorts the voice of ordinary people in favor of those who can write multimillion dollar expects. >> reporter: billionaires would argue they have the same rights as to freedom speech as anybody else. >> freedom of speech problem texts to say what we want but it doesn't give them the right to shout louder than the res
Search Results 0 to 49 of about 64 (some duplicates have been removed)